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Rani Molla

Tesla’s robots get the same treatment as its cars: Video training

Tesla is pivoting its strategy for training its Optimus robots to using mostly video recordings, rather than motion-capture suits and headsets to record human operators’ movements, in an effort to scale data collection more quickly.

That’s per Business Insider, which reports that the change happened after the departure of the company’s head of Optimus in June.

As Insider notes, that’s a similar strategy to the one Tesla has used to train its self-driving car models, forgoing expensive sensors like lidar and radar and relying instead on cameras and video. As is the case with its cars, using video to train Optimus — while cheaper and more easily scaled — has some drawbacks, including that it’s not as robust as more expensive methods.

As Insider notes, that’s a similar strategy to the one Tesla has used to train its self-driving car models, forgoing expensive sensors like lidar and radar and relying instead on cameras and video. As is the case with its cars, using video to train Optimus — while cheaper and more easily scaled — has some drawbacks, including that it’s not as robust as more expensive methods.

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Apple Store in China

Apple reports Q4 earnings and revenue slightly above Wall Street estimates

The iPhone maker reported its FY 25 fourth quarter earnings Thursday.

#10

Tesla just recalled its beleaguered Cybertruck for the 10th time since the vehicle was introduced two years ago. This time the company recalled about 6,000 of the “apocalypse-proof” vehicles due to what the National Highway Traffic Safety Administration says is an improperly installed “optional off-road light bar accessory” that could become disconnected from the windshield while driving, and could “create a road hazard for following motorists and increase their risk of a collision.”

CEO Elon Musk once said he could sell up to 500,000 of the stainless steel behemoths a year. In the first three quarters of this year, the company has sold only about 16,000.

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Analysts lower Meta price targets after social media giant says AI capex will keep climbing

Meta may have posted record revenue Wednesday but the stock is deeply in the red in the wake of its third-quarter earnings report, after the social media company said that its capital expenditure on AI would continue to rise.

The earnings prompted a number of analysts to lower their price targets or downgrade the stock.

RBC Capital lowered its price target to $810 from $840. Bank of America Securities lowered its price target to $810 from $900. Barclays, JPMorgan, Deutsche Bank, and Wells Fargo also lowered their price targets on the company.

Earlier today, Benchmark downgraded its rating to a “hold” from a “buy.” Oppenheimer downgraded the company to “perform” from “outperform,” saying the “significant investment in Superintelligence despite unknown revenue opportunity mirrors 2021/2022 Metaverse spending.” Ouch.

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